Rescue plan for Patisserie Valerie (News)

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cakes in Patisserie Valerie window

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Getty Pictures

Patisserie Valerie has been saved from collapse after entrepreneur Luke Johnson, who owns 37% of the corporate, provided as much as £20m in loans to the struggling chain.

Mr Johnson has provided £10m in a three-year mortgage which the corporate mentioned would offer “speedy liquidity”.

He…

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